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The Markets
by Proactive
Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
Go to Proactive UK
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK
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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK

Pharma & Biotech

Never mind Clinton - is M&S planning shop closures?

Markets rallied strongly yesterday ahead of today's US presidential election, but they've called poll decisions incorrectly before

Today will be dominated by speculation over whether the FBI’s clearance of Hillary Clinton of any wrong-doing in its emails investigation will be enough to get her over the line.

The latest polls suggest the Democratic candidate has a three or four point lead over her Republican rival, but there is a suspicion that a lot of the “don’t know” respondents are really “don’t want to admit I am voting for Trump” voters.

On the corporate front, retailer Marks & Spencer PLC (LON:MKS) is due to unveil its interims.

It’s been widely speculated that Marks – which has struggled in recent years – will announce that it is to close dozens of UK stores and several shops abroad as part of a strategy review.

According to industry figures, M&S saw its clothing market share decline by 5% in October, making it its ‘least bad’ month in almost two years.

Analysts will be looking out for signs of positive momentum in this division, as well as any revisions to guidance.

Announcements expected

Interims: Trifast PLC (LON:TRI), AVEVA Group PLC (LON:AVV), Marks & Spencer Group PLC (LON:MKS)

Finals: Punch Taverns PLC (LON:PUB), Trifast PLC (LON:TRI), Imperial Brands Plc (LON:IMB), Ceres Power Holdings PLC (LON:CWR), Associated British Foods PLC (LONL:ABF)

Trading statement: Direct Line Insurance Group PLC (LON:DLG), Jardine Lloyd Thompson Group PLC (LON:JLT), BBA Aviation PLC (LON:BBA)

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The Markets
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Proactive UK has moved.
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